This report relates to units mainly engaged in installing fire protection, detection and control systems, and in installing security systems.
The Industry E4234 - Fire and Security System Services in Australia ranks 252 out of 496 by industry turnover and its life cycle is in a decline phase, which means that the industry is generally growing at slower than the economy.
Capital/labour intensity is low and the uptake of new technology is medium. The industry's globalisation level is high and the trend is increasing.
The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.
The trend for exports is steady and for imports it's steady. The level of regulation is medium and steady and government assistance is insignificant and steady.
This industry is forecast to have a moderate average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!